ANSWER ALL POINTS BASED ON THE DATA PROVIDED IN THE QUESTION.

The following data is provided for Able Manufacturing Company: Units Manufactured & Sold Unit Price Unit Direct Material Cost Unit Direct Labor Cost Unit Variable Manufacturing Overhead Unit Variable Selling & Administrative Total Fixed Manufacturing Overhead Total Fixed Selling & Administrative 12,000 $40.00 $ 7.00 $12.00 $ 4.00 s 2.00 $80,000 $40,000 Calculate the following: 1. Unit Variable Costs 2. Unit Contribution Margin 3. Contribution Margin Ratio 4. Variable Cost Ratio 5. Units Required to be sold to break-even 6. Break-even Sales $ 7. Margin of Safety in Units 8. Margin of Safety in Sales $ 9. Operating profit at 15,000 Units Sold 10. Units that need to be sold to earn $150,000 profit 11. Operating Leverage Factor at 20,000 units sold 12. Operating income if sales increase 20% above 20,000 units sold CSI Scanned with CamScanner